Zega 13F annual report
Zega is an investment fund managing more than $275 billion ran by Jim Granger. There are currently 84 companies in Mr. Granger’s portfolio. The largest investments include Apple Inc and Spdr S&p 500 Etf Tr, together worth $71.7 billion.
$275 billion Assets Under Management (AUM)
As of 5th August 2024, Zega’s top holding is 222,122 shares of Apple Inc currently worth over $46.8 billion and making up 17.0% of the portfolio value.
Relative to the number of outstanding shares of Apple Inc, Zega owns more than approximately 0.1% of the company.
In addition, the fund holds 45,752 shares of Spdr S&p 500 Etf Tr worth $24.9 billion.
The third-largest holding is Ssga Active Etf Tr worth $22.5 billion and the next is Spdr Ser Tr worth $19.9 billion, with 744,471 shares owned.
Currently, Zega's portfolio is worth at least $275 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Zega
The Zega office and employees reside in Palm Beach Gardens, Florida. According to the last 13-F report filed with the SEC, Jim Granger serves as the Chief Compliance Officer at Zega.
Recent trades
In the most recent 13F filing, Zega revealed that it had opened a new position in
Eli Lilly & Co and bought 2,321 shares worth $2.1 billion.
The investment fund also strengthened its position in Apple Inc by buying
14,154 additional shares.
This makes their stake in Apple Inc total 222,122 shares worth $46.8 billion.
Apple Inc dropped approximately 0.1% in the past year.
On the other hand, there are companies that Zega is getting rid of from its portfolio.
Zega closed its position in Cadence Design System Inc on 12th August 2024.
It sold the previously owned 3,411 shares for $1.06 billion.
Jim Granger also disclosed a decreased stake in Spdr Ser Tr by approximately 0.1%.
This leaves the value of the investment at $19.9 billion and 744,471 shares.
One of the smaller hedge funds
The two most similar investment funds to Zega are Wealth Effects and Family Legacy. They manage $275 billion and $275 billion respectively.
Jim Granger investment strategy
Zega’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 21.8% of
the total portfolio value.
The fund focuses on investments in the United States as
58.3% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
56% of the total holdings value.
On the other hand, small-cap stocks make up only 2.4% of the portfolio.
The average market cap of the portfolio companies is close to $282 billion.
The complete list of Zega trades based on 13F SEC filings
These positions were updated on August 12th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Apple Inc |
6.81%
222,122
|
$46,783,258,000 | 17.03% |
| Spdr S&p 500 Etf Tr |
7.92%
45,752
|
$24,899,153,000 | 9.06% |
| Ssga Active Etf Tr |
0.98%
537,269
|
$22,457,830,000 | 8.18% |
| Spdr Ser Tr |
1.79%
744,471
|
$19,896,070,000 | 7.24% |
| Tidal Etf Tr |
14.57%
934,251
|
$18,334,443,000 | 6.67% |
| Microsoft Corporation |
40.67%
32,301
|
$14,437,127,000 | 5.26% |
| Amazon.com Inc. |
21.52%
51,758
|
$10,002,234,000 | 3.64% |
| Diamondback Energy Inc |
14.14%
46,438
|
$9,296,486,000 | 3.38% |
| Exxon Mobil Corp. |
725.99%
75,355
|
$8,674,818,000 | 3.16% |
| Ssga Active Tr |
1.96%
262,931
|
$7,430,420,000 | 2.71% |
| NVIDIA Corp |
1,193.69%
54,154
|
$6,690,209,000 | 2.44% |
| Aflac Inc. |
0.06%
68,078
|
$6,080,046,000 | 2.21% |
| Ishares Tr |
14.34%
17,426
|
$5,316,101,000 | 1.94% |
| Tidal Tr Ii |
16.40%
448,209
|
$8,180,029,000 | 2.98% |
| Unitedhealth Group Inc |
0.29%
7,868
|
$4,006,858,000 | 1.46% |
| Alphabet Inc |
9.63%
20,592
|
$3,750,793,000 | 1.37% |
| Costco Whsl Corp New |
540.81%
3,627
|
$3,082,914,000 | 1.12% |
| Eli Lilly & Co |
Opened
2,321
|
$2,101,387,000 | 0.77% |
| Palo Alto Networks Inc |
17.81%
5,949
|
$2,016,770,000 | 0.73% |
| J P Morgan Exchange Traded F |
104.50%
34,968
|
$1,981,961,000 | 0.72% |
| Mckesson Corporation |
Opened
3,131
|
$1,828,629,000 | 0.67% |
| Arista Networks Inc |
12.75%
4,430
|
$1,552,626,000 | 0.57% |
| Meta Platforms Inc |
0.46%
3,060
|
$1,543,063,000 | 0.56% |
| Adobe Inc |
Opened
2,493
|
$1,384,961,000 | 0.50% |
| Tesla Inc |
12.89%
6,873
|
$1,360,029,000 | 0.50% |
| Pacer Fds Tr |
12.47%
52,162
|
$2,518,907,000 | 0.92% |
| Advanced Micro Devices Inc. |
4.66%
7,776
|
$1,261,345,000 | 0.46% |
| Crowdstrike Holdings Inc |
24.38%
3,184
|
$1,220,077,000 | 0.44% |
| Tidal Tr Ii |
Opened
112,768
|
$2,197,037,000 | 0.80% |
| J P Morgan Exchange Traded F |
Opened
40,340
|
$1,917,919,000 | 0.70% |
| Caterpillar Inc. |
51.23%
3,504
|
$1,167,182,000 | 0.42% |
| Coca-Cola Co |
Opened
17,158
|
$1,092,096,000 | 0.40% |
| Paccar Inc. |
Opened
10,536
|
$1,084,576,000 | 0.39% |
| Powershares Actively Managed |
Opened
21,530
|
$1,074,345,000 | 0.39% |
| Cadence Design System Inc |
Closed
3,411
|
$1,061,776,000 | |
| Netflix Inc. |
7.38%
1,556
|
$1,050,113,000 | 0.38% |
| First Tr Exchange-traded Fd |
Opened
17,505
|
$1,043,298,000 | 0.38% |
| Oracle Corp. |
20.47%
7,220
|
$1,019,464,000 | 0.37% |
| Ishares Tr |
Closed
49,299
|
$2,325,444,000 | |
| Intuit Inc |
38.69%
1,520
|
$998,959,000 | 0.36% |
| JPMorgan Chase & Co. |
22.72%
4,904
|
$991,883,000 | 0.36% |
| Pgim Etf Tr |
Opened
19,788
|
$983,464,000 | 0.36% |
| Select Sector Spdr Tr |
20.33%
10,140
|
$1,287,339,000 | 0.47% |
| Intuitive Surgical Inc |
18.89%
2,184
|
$971,552,000 | 0.35% |
| Chipotle Mexican Grill |
5,164.08%
14,950
|
$936,618,000 | 0.34% |
| Proshares Tr |
Opened
11,213
|
$926,194,000 | 0.34% |
| ServiceNow Inc |
39.69%
1,172
|
$921,977,000 | 0.34% |
| Johnson & Johnson |
0.62%
6,204
|
$906,740,000 | 0.33% |
| Home Depot, Inc. |
227.69%
2,556
|
$879,877,000 | 0.32% |
| J P Morgan Exchange Traded F |
Closed
15,865
|
$860,535,000 | |
| Transdigm Group Incorporated |
8.07%
656
|
$838,112,000 | 0.31% |
| Procter And Gamble Co |
2.59%
4,883
|
$805,304,000 | 0.29% |
| Ishares Tr |
Opened
13,645
|
$798,526,000 | 0.29% |
| Spdr Ser Tr |
Closed
15,653
|
$787,033,000 | |
| Grainger W W Inc |
13.78%
867
|
$782,086,000 | 0.28% |
| Abbvie Inc |
Opened
4,374
|
$750,215,000 | 0.27% |
| Select Sector Spdr Tr |
Opened
18,188
|
$747,709,000 | 0.27% |
| Vanguard Index Fds |
Opened
1,950
|
$729,320,000 | 0.27% |
| Eog Res Inc |
Opened
5,336
|
$671,642,000 | 0.24% |
| Vertex Pharmaceuticals, Inc. |
Closed
1,503
|
$628,269,000 | |
| Novo-nordisk A S |
Opened
4,399
|
$627,913,000 | 0.23% |
| Visa Inc |
56.71%
2,282
|
$598,893,000 | 0.22% |
| Enterprise Prods Partners L |
9.98%
20,526
|
$594,849,000 | 0.22% |
| Uber Technologies Inc |
39.49%
7,825
|
$568,721,000 | 0.21% |
| Fedex Corp |
6.35%
1,708
|
$512,087,000 | 0.19% |
| Phillips 66 |
Closed
2,906
|
$474,634,000 | |
| Tidal Tr Ii |
Closed
41,662
|
$1,160,085,000 | |
| Walmart Inc |
0.44%
6,123
|
$414,588,000 | 0.15% |
| Chevron Corp. |
Opened
2,532
|
$396,044,000 | 0.14% |
| Berkshire Hathaway Inc. |
1.11%
888
|
$361,238,000 | 0.13% |
| Lowes Cos Inc |
Closed
1,400
|
$356,622,000 | |
| Abbott Labs |
Opened
3,398
|
$353,086,000 | 0.13% |
| Merck & Co Inc |
Closed
2,600
|
$343,070,000 | |
| Seagate Technology Hldngs Pl |
3.37%
3,070
|
$317,039,000 | 0.12% |
| EBay Inc. |
Opened
5,627
|
$302,282,000 | 0.11% |
| Packaging Corp Amer |
6.67%
1,600
|
$292,096,000 | 0.11% |
| NRG Energy Inc. |
Closed
4,100
|
$277,529,000 | |
| Micron Technology Inc. |
Opened
2,100
|
$276,213,000 | 0.10% |
| Salesforce Inc |
Opened
1,050
|
$269,996,000 | 0.10% |
| Alphabet Inc |
Opened
1,472
|
$269,994,000 | 0.10% |
| Garmin Ltd |
Closed
1,800
|
$267,966,000 | |
| Devon Energy Corp. |
Opened
5,630
|
$266,851,000 | 0.10% |
| United Parcel Service, Inc. |
Opened
1,922
|
$263,026,000 | 0.10% |
| Prudential Finl Inc |
4.81%
2,202
|
$258,090,000 | 0.09% |
| Weyerhaeuser Co Mtn Be |
Closed
7,000
|
$251,370,000 | |
| Cardinal Health, Inc. |
Opened
2,545
|
$250,224,000 | 0.09% |
| Sysco Corp. |
Closed
3,025
|
$245,570,000 | |
| MongoDB Inc |
Closed
673
|
$241,365,000 | |
| Vanguard World Fd |
5.78%
1,222
|
$241,088,000 | 0.09% |
| Qualcomm, Inc. |
Closed
1,417
|
$239,929,000 | |
| American Express Co. |
Closed
1,030
|
$234,625,000 | |
| Verizon Communications Inc |
Opened
5,429
|
$223,892,000 | 0.08% |
| Skyworks Solutions, Inc. |
5.00%
2,100
|
$223,818,000 | 0.08% |
| Invesco Actvely Mngd Etc Fd |
58.54%
15,801
|
$222,004,000 | 0.08% |
| Campbell Soup Co. |
Opened
4,900
|
$221,431,000 | 0.08% |
| Schwab Strategic Tr |
Closed
2,722
|
$219,479,000 | |
| Shell Plc |
Opened
3,040
|
$219,434,000 | 0.08% |
| Comcast Corp New |
Closed
4,973
|
$215,580,000 | |
| Stanley Black & Decker Inc |
Closed
2,200
|
$215,446,000 | |
| Fidelity Covington Trust |
Opened
4,407
|
$206,159,000 | 0.08% |
| Lyondellbasell Industries N |
Closed
2,000
|
$204,560,000 | |
| KLA Corp. |
80.57%
244
|
$200,997,000 | 0.07% |
| Coeur Mng Inc |
No change
10,100
|
$56,762,000 | 0.02% |
| Gold Resource Corp |
No change
37,600
|
$14,044,000 | 0.01% |
| No transactions found | |||
| Showing first 500 out of 104 holdings | |||
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